Stamp Duty Land Tax

(asked on 10th October 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what comparative assessment he has made of tax revenue received from stamp duty land tax in 2013-14 and the figures projected in this area by the OBR in March 2014.


Answered by
David Gauke Portrait
David Gauke
This question was answered on 17th October 2014

In 2013-14 SDRT receipts were £9,273m. In the March 2013 Economic and fiscal outlook OBR report SDRT receipts for 2013-14 were forecast to be £9,500m. The full report is available at this link:

http://budgetresponsibility.org.uk/economic-fiscal-outlook-march-2014/

The numbers of historic property transactions occurring in different price bands for the requested years is published as part 3 of the publication “Annual UK Property Transactions Statistics 2014”. The latest release can be found at this link:

https://www.gov.uk/government/statistics/annual-uk-property-transactions-statistics-2013

The OBR has responsibility for forecasting SDLT, and currently the OBR produce a total SDLT forecast which is not split by tax band.

Reticulating Splines